China’s ZOMBIE Evergrande Default Concerns Loom Large On Nervous Market

Become a Patron!
True Information is the most valuable resource and we ask you to give back.

http://www.berndpulch.org

THE ONLY WEBSITE WITH THE LICENSE TO SPY!

Trading has been volatile in Asian markets amid concerns about the possible collapse of heavily indebted Chinese property giant Evergrande have sent stock markets and shares of property firms plunging. The company is more than $300bn in debt. Despite the growing crisis and its ripple effect on stock markets, the Chinese government is yet to step in and bail out the firm. Al Jazeera’s Katrina Yu reports from Beijing, China.